A unique feature of an oligopolistic industry is

A) low barriers to entry.
B) standardized products.
C) diminishing marginal returns.
D) mutual interdependence.

Mutual Interdependence

A situation often seen in oligopolistic markets where the actions of one firm directly affect the decisions and outcomes of others.

Oligopolistic Industry

An industry characterized by a small number of firms whose decisions about pricing and output affect each other, often leading to strategic behavior.

Low Barriers

Refers to the minimal obstacles or constraints in entering a market or sector, allowing for easier access for new competitors.